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Nabaltec AG (NTGG.F)

NTGG.F on Frankfurt Stock Exchange

22 May 2017
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€-0.19 (-1.13%)
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Latest Key Developments (Source: Significant Developments)

Nabaltec FY revenues up at 159.2 mln euros
Tuesday, 21 Mar 2017 05:00am EDT 

Nabaltec AG : Continues to post growth, with revenues up 5.2% according to preliminary figures, to 159.2 million euros ($171.84 million) . 2017 forecast calls for revenue and earnings growth . Expects an EBIT margin in high single digits in 2017 . FY EBIT of 12.2 million euros down only slightly from year before (14.5 million euros) despite extraordinary situation in us . Expects revenue growth in low single digits in 2017 . Posted an operating profit (EBIT) of 12.2 million euros in 2016 .FY revenues of 159.2 million euros, up 5.2% from year before (151.3 million euros).  Full Article

Nabaltec concludes agreement to acquire 49% membership interest in Nashtec LLC JV
Monday, 20 Mar 2017 03:49am EDT 

Nabaltec AG : Announced on Saturday agreement on the acquisition of all membership interests of the US subsidiary Nashtec LLC . Has concluded an agreement to acquire the 49% membership interest in the Nashtec LLC joint venture held by Allied Alumina LLC, an affiliate of Sherwin Alumina Company LLC .Nabaltec AG has refrained from issuing a revenue and earnings forecast for 2016 due to the Chapter 11 bankruptcy procedure of Sherwin Alumina Company LLC.  Full Article

Nabaltec plans to switch to new SME market segment of Deutsche Boerse
Thursday, 2 Feb 2017 08:40am EST 

Nabaltec AG :Is planning to switch to new SME market segment of Deutsche Boerse ag as of March 1, 2017..  Full Article

Nabaltec says management board expanded to three members
Tuesday, 10 Jan 2017 04:00am EST 

Nabaltec AG : Management board expanded to three members and new members appointed from the company's own ranks .Günther Spitzer (CFO) and dr. Michael Klimes (COO) join management board alongside long-serving member Johannes Heckmann (CEO).  Full Article

Nabaltec posts 9-month EBIT of 11 mln euros
Tuesday, 29 Nov 2016 04:00am EST 

Nabaltec AG : Revenues in the first nine months of 2016 once again up from the same period of last year . 9-month revenues up 6.1 pct, to 122.4 million euros ($129.62 million) . Consolidated EBIT was 11.0 million euros in first three quarters of 2016, compared to 11.7 million euros in same period of last year .EBITDA came to 19.0 million euros in first three quarters of 2016, down slightly, by 1.0 pct, from value of 19.2 million euros posted in same period of last year.  Full Article

Nabaltec H1 revenues up at 84.0 million euros
Tuesday, 30 Aug 2016 05:00am EDT 

Nabaltec AG : Nabaltec sets a new revenue record in the first half of 2016 . H1 revenues up 8.0% over year before, to 84.0 million euros ($93.82 million) . EBIT of 5.0 million euros in Q2, up from last quarter and same quarter of last year . Nabaltec will continue to refrain from issuing a quantitative revenue and earnings forecast for 2016 due to fact that Chapter 11 bankruptcy proceedings are currently pending for key supplier in US .At present, company is not expecting significant revenue losses.  Full Article

Nabaltec says US unit affected by plant closure of its most important supplier
Tuesday, 2 Aug 2016 11:58am EDT 

Nabaltec AG : US subsidiary Nashtec LLC affected by the plant closure of its most important supplier; supply of Nashtec customers ensured . Sherwin Alumina Company, LLC, announced on Aug. 1, 2016 that it plans to discontinue production . Production is to be discontinued through end of August 2016 . As a result, Nashtec LLC will lose its supplies of raw materials as well as its access to infrastructure and will therefore have to temporarily halt production in September .Because of Sherwin Alumina's Chapter 11 bankruptcy procedure, Nabaltec has refrained from issuing a revenue and earnings forecast for 2016.  Full Article

Nabaltec expects to post moderate growth in 2016
Tuesday, 31 May 2016 04:05am EDT 

Nabaltec AG : Earnings per share were 0.22 euros ($0.24) after first three months of 2016, down from 0.26 euros in first three months of 2015 .Company expects to post moderate growth for 2016 as a whole.  Full Article

Nabaltec comments on FY 2016 outlook; to propose dividend
Friday, 29 Apr 2016 04:00am EDT 

Nabaltec AG:To propose a dividend of 0.15 euro.Says able to continue good business performance of previous year in FY 2016 and expect moderate revenue growth.  Full Article

Nabaltec says Johannes Heckmann new CEO effective Jan. 1, 2017, Guenther Spitzer planned new CFO
Thursday, 25 Feb 2016 07:40am EST 

Nabaltec AG:Planned Management Board change and appointment of new members on Jan. 1, 2017.Gerhard Witzany plans to resign from the Management Board at the end of 2016 due to age reasons.Supervisory Board intends to extend the term of Management Board Member Johannes Heckmann by five years and appoint him Chairman of the Management Board (CEO) as of Jan. 1, 2017.To succeed Gerhard Witzany, Supervisory Board intends to appoint two longstanding employees to the Management Board: Guenther Spitzer will serve as CFO, and Michael Klimes as COO.  Full Article

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